$LAB
Trading setup: Short
Entry zone: 0.230 – 0.245
Entry into the zone of the nearest order block (Supply Zone) on the 1-hour timeframe. A local corrective upswing is expected to collect liquidity above the current consolidation, after which the downward impulse may resume.
TP: 0.190 / 0.170
Take profit in parts: the first target is a retest of the local low; the second target is the psychological support level in the 0.170 zone, where closing the main position may be possible.
SL: 0.260
The stop-loss is placed beyond the nearest significant high (LH). A close above this level indicates seller weakness and a potential break of the local downtrend structure, making the idea invalid.
#TradingSetup #TechnicalAnalysis #cryptotrading #BinanceSquare
Trading setup: Short
Entry zone: 0.230 – 0.245
Entry into the zone of the nearest order block (Supply Zone) on the 1-hour timeframe. A local corrective upswing is expected to collect liquidity above the current consolidation, after which the downward impulse may resume.
TP: 0.190 / 0.170
Take profit in parts: the first target is a retest of the local low; the second target is the psychological support level in the 0.170 zone, where closing the main position may be possible.
SL: 0.260
The stop-loss is placed beyond the nearest significant high (LH). A close above this level indicates seller weakness and a potential break of the local downtrend structure, making the idea invalid.
#TradingSetup #TechnicalAnalysis #cryptotrading #BinanceSquare
